anheuser-busch inbev nv (AHBIF) Top Compensated Officers

anheuser-busch inbev nv (AHBIF) Key Developments

Anheuser-Busch InBev Reports Earnings Results for the Second Quarter and Six Months of 2015; Provides Revenue Guidance for the Full Year of 2015

Jul 30 15

Anheuser-Busch InBev reported earnings results for the second quarter of and six months of 2015. For the quarter, the company reported normalized profit attributable to equity holders totaled nearly $2 billion, down from $2.6 billion in the same period last year. Revenue totaled $11 billion, down from $12.2 billion. EBITDA grew by $207 million or 4.6% in the quarter to $4,156 million. Normalized earnings per share decreased to $1.21 from $1.60 in the second quarter last year. This decrease was due to an improvement in EBIT of $0.14 per share being more than offset by unfavorable currency translation, particularly the Brazilian real, the Mexican peso and the euro, negative scope changes and higher net finance costs. The company reported loss of $439 million in the second quarter this year compared to a reported gain of $344 million last year.
For the first half, the company reported cash flow from operating activities of $4.7 billion in the first half, flat. Net capital expenditure decreased from $4.3 billion to $4 billion in the first half. Normalized profit attributable to equity holders of AB InBev was $4,278 million in first half year compared to $4,030 million reported last year. Normalized earnings per share increased to $2.61 from $2.47 reported last year. In first half year EBITDA grew 7.6% and revenue grew by 5.1% with revenue per hl growth of 7.0%, on both an organic and constant geographic basis.
The company expects to accelerate revenue growth for the remainder of the 2015 when compared to the first half. The company announced effective tax rate guidance from a range of 22% to 24% to a range of 20% to 22%.

Anheuser-Busch InBev SA/NV, Q2 2015 Earnings Call, Jul 30, 2015

Jul 21 15

Anheuser-Busch InBev SA/NV, Q2 2015 Earnings Call, Jul 30, 2015

Anheuser-Busch Plans to Invest $162 Million in St. Louis and $1.5 Billion in U.S

Jun 23 15

Anheuser-Busch plans to spend $1.5 billion to upgrade its U.S. infrastructure. The money will be spent between brewing, agriculture, packaging and distribution operations. The investment will take place by 2018. The company plans to spend an estimated $850 million on brewery and packaging expansion projects, $220 million on product innovation initiatives and $720 million in sustaining and increasing efficiency of its existing footprint. Locally, several Anheuser-Busch projects are currently underway, including: a $150 million expansion project at the St. Louis-area Metal Container Corp. facility to increase production of the Bud Light aluminum bottles; a $12 million investment in the company's historic St. Louis brewery for various improvements, including projects to conserve resources and support new innovations; and an additional $11 million to develop and integrate new products across multiple breweries.

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